Millennium Minerals — Auteco Minerals — Investor Presentation (September 2022)
16 slides from Millennium Minerals's investor presentation, Sep 13, 2022
Slide 1: Advancing the High-Grade Pickle Crow Project in Ontario, Canada
ASX: AUT ADVANCING THE HIGH-GRADE PICKLE CROW DARREN COOKE CHIEF EXECUTIVE OFFICER (Presenter) PROJECT IN ONTARIO, CANADA R AY SHORROCKS EXECUTIVE CHAIRMAN 2.2 Moz of Gold at 7.8g/t and Growing Rapidly 13 SEPTEMBER 2022
Slide 2: Disclaimer & Cautionary Statements
DISCLAIMER & CAUTIONARY STATEMENTS DISCLAIMER This presentation has been prepared by Auteco Minerals Limited (the Company) based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submis
Slide 3: The Flagship Pickle Crow Asset
THE FLAGSHIP PICKLE CROW ASSET Pickle Crow has one of the highest grade +2Moz Resources GLOBALLY in addition to significant district-scale DISCOVERY potential THE LOCATIO N THE ASSET THE FUTURE Northern Ontario, Canada Historic Pickle Crow Mine Resource Growth & Discovery Tier one jurisdiction with
Slide 4: Corporate Overview
CORPORATE OVERVIEW A Canadian-focused ASX listed company with one of the highest grade +2 Moz Resources Globally CAPITAL STRUCTUR E ASX Code AUT Current Market Cash Shares on issue 2.1B Share Price1 Capitalisation1 Position2 Unlisted options & performance 248M A$0.048 ~A$91M ~A$17.4M rights Top 20 S
Slide 5: Board & Management Team
BOARD & MANAGEMENT TEAM A leadership team with management DNA and experience in some of the most successful resource sector stories in the past decade, including Bellevue Gold and Northern Star • 27 years’ experience working in the investment banking • Geologist with 25 years’ experience having prev
Slide 6: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE Sustainability is at the forefront ENVIRON MENT AND BIODI VERSIT Y PEOPLE, COMMUN IT Y AND CULTURE • Knowledge gathered through studies & relationships • Pickle Crow is located within the Traditional between people, community and land form: Territory of Mishkeego
Slide 7: Auteco Organic Growth Strategy
AUTECO ORGANIC GROWTH STRATEGY A dual strategic focus to unlock the full potential of the Pickle Lake Greenstone Belt AuTECO ORGANIC GROW TH STR ATEGIC PILLARS REGIONAL DISCOVERY NEAR -MINE GROW TH Discover and develop deposits on the 500km2 of regional Discover and define mineralisation proximal to
Slide 8: Pickle Crow Geological Setting
PICKLE CROW GEOLOGICAL SETTING World-class setting in the prolific Superior Craton CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Pickle Lake Pickle Crow North Uchi Sub- Superior Greenstone & Central America province Craton Belt Patricia BASEMENT GEOLOGY OF THE WESTERN SUPERIOR CRATION
Slide 9: Two Distinct Styles of Mineralisation
TWO DISTINCT STYLES OF MINERALISATION Bulk and narrow mineralisation styles have the potential to provide future operational flexibility 2021 DRILL ALTERATION • Overlooked in previous exploration activities HIGHLIGHTS • Broad zones of sulphide mineralisation (to +20m) (BIF) HOSTED • 20.4m @ 5.3 g/t
Slide 10: Near-Mine Growth
NEAR-MINE GROWTH Exceptional progress pointing to a significant Resource increase RECENT DRILLING CONTINUED WITH THE NEAR -MINE RESOURCE GROW TH STR ATEGY • 2 discoveries in 2021 (Tyson, Carey) set the platform for 2022 • Recent exceptional results outside of the current 2.23Moz Resource point to co
Slide 11: Rapid Low-Cost Growth of a Globally Significant Resource
RAPID LOW-COST GROWTH OF A GLOBALLY SIGNIFICANT RESOURCE OPEN RESOURCE ESTIMATE AT 31 DEC 2021 RESOURCE DRILLING HAS FOCUSED ON EXTENDING KNOWN VEINS AND DISCOVERING NEW STRUCTURES IN THE TOP 500 METRES • Mineralisation continues at depth beneath the historical workings, with the deepest intersectio
Slide 12: Re-Establishing Underground Access
RE-ESTABLISHING UNDERGROUND ACCESS EXISTING WORKINGS COMBINED WITH NEAR -SURFAC E MINER ALI SATIO N PROVIDES OPTIONALIT Y REHABILITATE HISTOR ICAL EXPLOR ATIO N DECLINE OPEN PITS WITH DECLINE SHAFTS FROM SURFACE Strip and line historical shafts, re- Mine an exploration decline from Mine an open pit
Slide 13: Auteco Has an Entire Mineral District
AUTECO HAS AN ENTIRE MINERAL DISTRICT The bigger picture beyond the Pickle Crow Deposit HISTORIC AND RECENT DRILL RESULTS OUTSIDE OF PICKLE CROW DEMONSTR ATE CAMP-SCALE POTENTIAL 13
Slide 14: Early-Stage Targets Outside of the 2.23Moz Resource
EARLY-STAGE TARGETS OUTSIDE OF THE 2.23MOZ RESOURCE Significant near-mine growth potential INITIAL 2021-2022 WINTER RESULTS INDICATE STRONG POTENTIAL FOR SIGNIFICANT DISCOVERIES • Key concepts proven • Winter is the best season for drilling in Northern Ontario • Regional exploration will accelerate
Slide 15: Forward Work Plan
FORWARD WORK PLAN Continuing to advance and grow Pickle Crow at all levels 2022 KEY OBJECTIVES Extend and increase • Continue to grow the Inferred Resource Resource the Resource with • Identify areas for conversion to Indicated emphasis on both open Growth pit and underground • Re-model the orebody
Slide 16: Auteco – A Compelling Investment Opportunity
AUTECO – A COMPELLING INVESTMENT OPPORTUNITY In Summary AuTECO has built a strong platform for future growth, having advanced the historic Pickle Crow gold project to be one of the highest-grade emerging +2Moz Resources Globally Work will continue to explore, define and grow the asset ENVIRONMENT CO
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